Flat 3, Magnolia Court
Flat 3, Magnolia Court
Description & Estimates
Flat 3, Magnolia Court, Wolverhampton is described in the public record as a modern apartment with 731 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 3, Magnolia Court, Wolverhampton is £173,455 and its rental estimate is £916 per month, given the available information and assuming reasonable condition.
Magnolia Court, Muchall Road is a residential building on Muchall Road, Wolverhampton, WV4 and falls within the WV4 postal district and the borough of City of Wolverhampton.
Our Data Sources
Flat 3, Magnolia Court, Wolverhampton has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 3, Magnolia Court, Wolverhampton, we estimate a market value of £182,128 and a rental value of £961 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £161,313 and £852 per month respectively.
Recent Market Change
Over the last year, Flat 3, Magnolia Court, Wolverhampton has seen its estimated sale value climb by £858 (0.5%) and its estimated rental value rise by £28 per month (3.0%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 3, Magnolia Court, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 3, Magnolia Court, Wolverhampton completed on 9th June 2006 at £165,958 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Jun 2006£165,958
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, Magnolia Court, Wolverhampton have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd March 2024, was Flat 21, The Gallery 282, Penn Road, Wolverhampton, WV4 4AD, a leasehold flat which sold for £175,000.
Read more about house prices in WV4.
- Sold Mar 2024£175,000 | 2 Bed FlatFlat 21, The Gallery 282, Penn Road, Wolverhampton, WV4 4ADFlat 21, The Gallery 282, Penn Road, Wolverhampton, WV4 4AD
- Sold Mar 2022£190,000 | 3 Bed FlatFlat 1, Magnolia Court, Muchall Road, Wolverhampton, WV4 5TRFlat 1, Magnolia Court, Muchall Road, Wolverhampton, WV4 5TR
- Sold Oct 2021£150,000 | 2 Bed FlatFlat 22, The Gallery 282, Penn Road, Wolverhampton, WV4 4ADFlat 22, The Gallery 282, Penn Road, Wolverhampton, WV4 4AD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 45 addresses on Muchall Road, Wolverhampton, WV4, Flat 3, Magnolia Court, Wolverhampton comes out as the 43rd largest and the 43rd most expensive in our analysis of the public data.
It is also £80k less expensive than the average property across the WV4 district.
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Schools Nearby
- 600mWoodfield Primary School
- 1.2kmSt Bartholomew's Church of England Primary School
- 1.2kmWarstones Primary School
- 800mColton Hills Community School
- 2.0kmHighfields School
- 2.9kmSt Peter's Collegiate Academy
More reading links
Public Transport Nearby
From Flat 3, Magnolia Court, Wolverhampton, the nearest station is Wolverhampton, 3.4 kilometres away.
- 3.4kmWolverhampton
- 4.6kmCoseley
- 6.6kmTipton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
